Virtual bookkeepers and part-time financial controllers at can help you with both. Hiring a virtual bookkeeper and part-time financial controller is about 30 to 50% less expensive than hiring an in-house bookkeeper. As far as a financial controller or CFO, most small businesses can’t afford the six figure salary that comes with that position. With a part-time financial controller, you have an accounting expert with a birds-eye view of your business and a trusted adviser when you need him. Your financial controller will help with financial analysis and forecasting on a monthly, quarterly or annual basis, but there’s no need to pay a full-time salary. Pay just for the services you need.

Why Virtual Bookkeepers Cost Less to Use

Outsourced bookkeepers Melbourne do not come to your office, so you don’t have to supply a desk, chair or office space. If you’re reducing staff in the New Year or maybe implementing telecommuting or office-share policies, you’ll save even more money. They also provide bookkeepers and financial controllers with their own computer system running QuickBooks, Sage or another cloud-based bookkeeping software that meets your needs.

If your business is considering virtual bookkeeping and/or financial controller the following should be a part of getting started on the process:

2 – An NDA is signed before work begins, guaranteeing the privacy of your financial records and company information

3 – You get started with the best bookkeeping software for your company. If you are already using QuickBooks and want to continue using it, the part-time CPAs and bookkeepers should be trained in this popular accounting software. But there are other scalable, cloud-based accounting programs that might fit your needs even better. Because all software is cloud-based, there will be no expensive hardware upgrades and your IT staff won’t be required to put in extra hours. You’ll just need the latest version of your web browser installed to ensure the security of your financial data.

4 – From there, the accuracy of your financial data will be checked, looking for “red-flag” errors, and make sure everything is up to date. Thereafter, your books will always be accurate and up-to-date. Weekly or monthly financial meetings will provide you with the information you need to steer your company down the right path.

Your virtual bookkeeper will also cost less than an in-house bookkeeper. Here are just a few ways you’ll save money, time, and headaches through the hiring process and when you bring a virtual bookkeeper on board to help your business. get more details, straight from the source.

You don’t have to pay benefits, unemployment insurance or social security taxes for your virtual bookkeeper. Your virtual bookkeeper manages your daily, weekly, and monthly small business bookkeeping needs. And you can focus on running your business, just the way you should.